iCompli Sustainability

06 May

 

  1. GE just released its first integrated summary report, joining PepsiCO, Prudential Financial, Clorox Company and others in reporting past performance along with future ESG risks and opportunities.

    Jeff Immelt, Chairman and CEO, says their report responds to the problem that “public company reporting is so complicated that what matters to investors can get lost.”  Go here to learn about ESG reporting benchmarking and analytics to get started  or improve on your reporting.

  2. Bloomberg launches the first Gender Equality Index for the Financial Services Sector (BFGEI), providing investors and organizations with standardized aggregate data across company gender statistics; employee policies; gender-conscious product offerings; and external community support and engagement. Go here for more, and how to submit information for next year’s Index.  This email address is being protected from spambots. You need JavaScript enabled to view it.?subject=ESG%20alignment%20information%20request" ' + path + '\'' + prefix + ':' + addy61014 + '\'?subject=ESG%20alignment%20information%20request>'+addy_text61014+'<\/a>'; //-->  to explore how your ESG reporting can be aligned to SASB and investor needs.

  3. Speaking of integrated reporting, the UK government took another step in ESG reporting leadership, by releasing an integrated reporting guidance for public sector organizations, setting out GHGs (Scope 1, 2, and 3), waste, water, and procurement, as minimum requirements to be included in each organization’s annual report.  Rather than accepting a stand alone CSR report as sufficient, the guidance states that organizations should “report how sustainability is embedded within corporate decision making and performance”.

 

29 Apr

  1. The US Navy is asking its largest suppliers to report its GHGs and reduction strategies to CDP, citing energy as a potential weapon and the need to be able to go off-grid as needed. The US military is the world’s largest user of fossil fuels, and the Navy expects its suppliers to get them to 50% renewables by 2050. Expect those suppliers to turn around and ask their suppliers, and their suppliers' suppliers..you get the idea… More… To learn everything you need to know about GHG management in 30 minutes – go here.

     

  2. Chinese banks and their investors face US $1.69T in environmental risk because their lending and investing activities are not in step with emerging Chinese environmental policies according to a study released this week. Key investments at risk include agriculture, energy generation, steel, cement and chemical manufacturing. I suspect Chinese banks and their investors are not alone at this party.

     

  3. CalPERS' Climate Risk Reporting Proposal Overwhelmingly Passes at Anglo American – another one of many companies facing shareholder proposals for ESG reporting… Check out our FastTrak reporting service – to align your first or repeat report to expectations of shareholders. Learn how Bloomberg Financial's ESG screens are used to assess your company's GHGs and ESG’s, watch this on-demand 30-minute speedinar: How Investors and Analysts Use Bloomberg’s ESG Data, with guest speaker Gregory Elders, Senior Analyst at Bloomberg Intelligence.

 

22 Apr
  1. If you’re about to skip Earth Day, go to NASA for a close gaze at the Blue Marble, first shot in ‘72 from a million miles away. Earth Day is 46 middle-aged years old today; 10 million people participated in '70. Today, 1 billion people will participate in activities around the Blue Marble. Don’t be a chump–do something.
     
  2. Paris, or bust–what the SEC is doing about it: Also today, on Earth Day, at least 55% of the world’s climate emitting countries are expected to ratify the treaty in NYC. Maybe that’s why last week theSEC released a paper to discuss implementing climate/sustainability disclosure rules. Non-financial rules haven’t changed since first published 30 years ago; SEC’s commissioners think it’s time for an update. Go here for the SEC doc, and here for an article by Institute of Management Accountants. Our FastTrack reporting service aligns company disclosures to SASB, so you’ll be ready when the rules change, and they will.
     
  3. US will exceed Paris commitments, because Mr. Bloomberg says so. If you doubt American resolve to lead on climate change, in light of the Supreme Court freeze on the Clean Power Plan, fret no more. Mr. Bloomberg lays out why in an article he released on Earth-Day-eve. To see how Bloomberg Financial's ESG screens are used to assess your company's GHGs and other non-financial KPIs, watch our on-demand 30-minute speedinar: How Investors and Analysts Use Bloomberg’s ESG Data, with guest speaker Gregory Elders, Senior Analyst at Bloomberg Intelligence.